The Big OneBanking & Lending
Lacerte says BILL's underwriting wait fell from three hours to about 12 minutes
BILL CEO René Lacerte said on the earnings call that its AI agents save teams more than 1,400 hours per month. The risk team's three agents, a suite called Robin, send each underwriting case to the right underwriter and pull the customer's data into a summary.
NoteThese are BILL's own figures from its earnings call. Lenders would need to test the same speed gain on their own underwriting decisions.
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